APESWAP FINANCE PLATFORM: CREATING A PLAYGROUND FOR ALL APES
DeFi is an acronym which in full stands for decentralised finance. DeFi is a form of finance that is based on Blockchain technology system which does not in anyway depend or rely on any form of central financial intermediaries like; exchanges, bokerages or banks to render its traditional financial instruments it uses smart contracts and this forms the basis of the apeswap platform.
The apeswap finance Platform is a platform which is an automated market maker as well as a yield farming and staking platform on the Binance Smart Chain (BSC) which is a also termed a fork from the well known pancakeswap platform. Individuals who believe the apeswap finance platform are basically referred to as APES. The Apeswap platform was designed by DeFi apes for the sole utilisation of DeFi apes. The platform comprises of dedicated team of well experienced developers (monkeys) who have made their mark in the crypto space over the years. With the apeswap platform, users can stake, pool, as well earn the platform's basic utility token that will serve as a form of incentive on the platform.
FEATURES OF THE APESWAP FINANCE PLATFORM
The features as well as the user interface of any project goes a long way to determine how well potential users will interact with the platform and the apeswap finance platform comes with alot enticing features which includes
TRADE
This allows users to trade tokens on the platform by allowing for the combination of two tokens which are popularly know as token pairs and this is due to the automated market marker (AMM) feature of the platform.
EARN
On the Apeswap finance Platform, apes (users) can earn form of incentives in the platform's utility token through the yield farm option on the platform or through staking options on the platform. They can also earn through the apeswap platform's pool system.
WIN
The win option on the platform is quite easy to use. With this option, users can earn through the apeswap lottery
INVEST
With apes willing to invest in the platform, they can only do so through the apeswap IAOs (initial Ape Offerings). They also will have the privilege of catching up with hot projects
COLLECT
APES can stack up their assets by acquiring their own Non Fungible Ape and then become O.Gs in the apeswap community.
WHAT ARE NON FUNGIBLE
NFAs or better still non fungible apes are referred to as cryptographically generated set of rare,immutable and digital apes which sums up to about 1,000 in number each which is created by hashing a string to generate a set of characteristics randomly.
And based on their rare nature, they were thus categorised into:
- Common Chimps: Tier 1 (500 NFAs) which are the most common
- Original Orangutants: tier 2 (250 NFAs)
- Alluring Apes: Tier 3 (150 NFAs)
- Prime primates: Tier 4 (70 NFAs)
- Magic monkeys: Tier 5 (30 NFAs) and they are basically the most rare.
THE APESWAP FINANCE PLATFORM TOKEN
The $BANANA will be the basic utility token of the apeswap finance platform and will serve as a form of incentives for the platform which is conversant with all crypto based projects.
FOR MORE INFORMATION ABOUT APESWAP FINANCE PLATFORM.
Join the Telegram Group: https://t.me/ape_swap
Follow on Twitter: https://twitter.com/ape_swap
Medium: https://ape-swap.medium.com/
Github: https://github.com/ApeSwapFinance
Website: https://apeswap.finance/
Writer’s Bitcointalk Username: Aakay
Writer’s Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2351546